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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Grand Prairie at 3048 Nadar, Grand Prairie, TX, 75054 priced at $589,000 converts $5,416/mo rent into $1,177/mo cash flow after a $2,883/mo obligation. Total monthly income equals $5,416/mo, and annual cash flow totals $14,129/yr on $193,781 invested. Return on cash invested prints 27.35% in year one, and rental yield reads 11.03% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 144.06% and total cumulative return in cash sums $279,170. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,416/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Single Family
Built in 2007
8,755 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood data shown for ZIP Code: 75054, Grand Prairie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,871 (100%) |
| Owner Occupied HU | 4,774 (81.3%) |
| Renter Occupied HU | 957 (16.3%) |
| Vacant Housing Units | 140 ( 2.4%) |
| Median Home Value | $446,307 |
| Average Home Value | $471,322 |
Residential
5,920
Single Family
4,747
Multi-Family
1,173
Businesses
440
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Price change | $589,000 |
| 2024-12-31 | Price change | $595,000 |
| 2024-12-14 | Listed for sale | $585,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-12 | $6430.59 | 7.38% | $487,681 | -13.95% |
| 2023-02-12 | $5988.43 | -16.55% | $566,741 | 10.51% |
| 2022-02-12 | $7175.92 | 2.82% | $512,842 | 39.99% |
Listed by: Carla Staats • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20801083
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
